Dollar falls as market awaits US rate call

LONDON (AFP) — The dollar was lower against the euro and yen on Friday as traders looked ahead to next week when the US Federal Reserve delivers it next decision on interest rates.

The European single currency rose to 1.5564 dollars in morning London trade from 1.5503 dollars in New York late on Thursday.

Against the Japanese currency, the dollar fell to 107.91 yen from 107.97.

"Ahead of the weekend, euro/dollar is likely to remain choppy, especially since no important US or eurozone data is due for release today (Friday)," said Commerzbank economist Gavin Friend.

Dealers sat on their hands ahead of next week's Federal Reserve meeting and the lead it could give on the prospects for higher US interest rates.

"Trading remains directionless as indicators to gauge the health of the US economy have continued to show mixed results," said Yosuke Hosokawa, head ...